BRAZILIAN COURT FREEZES $50 MILLION OF SOCCER STAR NEYMAR?S ASSETS
By Ronnie Nathanielsz
PhilBoxing.com
Wed, 17 Feb 2016
Neymar.
A federal court in Sao Paulo, Brazil has frozen some $50 million worth of assets of soccer star Neymar who plays for the national team and Spanish giants, Barcelona.
The assets include a yacht, a jet and several properties.
BBC Sport reported that the 23 year old Neymar is accused of tax evasion between 2011 and 2013 and faces legal proceedings. He has denied any wrongdoing.
Among the assets frozen are also three companies belonging to his family.
Prosecutors accused Neymar of setting up companies as fronts in order to pay a lower rate of tax.
They demand he pay $16 milliion in allegedly undeclared taxes.
The report said the court ordered his assets to be frozen to ensure the payment plus any possible fines.
An auditor with the federal tax agency told the Associated Press news agency that Neymar could still appeal the decision and that he was unlikely to face jail.
"If he pays what he owes, the case is closed," the auditor added. "Our legislation isn't too harsh."
Neymar and his father were questioned this month in a court in the Spanish capital, Madrid, over separate allegations of corruption and fraud surrounding his transfer to FC Barcelona.
Neymar also denied any wrongdoing in that case.
Click here to view a list of other articles written by Ronnie Nathanielsz.
Recent PhilBoxing.com In-House articles:
Kevin Brown and Yoenis Tellez Shine at Boxlab Promotions’ “Night of Champions XIII” During the 104th Annual WBA Convention
Tue, 16 Dec 2025TRAINING CAMP NOTES: Justin Cardona Shares Insights Ahead of December 19 Showdown Against Avious Griffin
Tue, 16 Dec 2025JAS MATHUR JOINS MANNY PACQUIAO PROMOTIONS AS CEO TO LEAD STRATEGIC VISION, CREATIVITY AND GLOBAL GROWTH INITIATIVES
Tue, 16 Dec 2025Split-T Management Signs Amateur Standout Adrian Salazar
Tue, 16 Dec 2025INTERNATIONAL BOXING HALL OF FAME REMEMBERS CANASTOTA’S MANAGER / TRAINER / PROMOTER TONY GRAZIANO
Mon, 15 Dec 2025Catubig, Prado win Suy Foods Santa Run
By Lito delos Reyes, Mon, 15 Dec 2025Junior, Youth and Elite Divisions Awarded on Final Day of 2025 USA Boxing National Championships
Mon, 15 Dec 2025Jean Henri Lhuillier Applauds Cebuana Lhuillier Ambassadors for Bronze Finish at SEA Games 2025
Mon, 15 Dec 2025NOEL MIKAELIAN DETHRONES BADOU JACK TO BECOME THE NEW WBC CRUISERWEIGHT WORLD CHAMPION
Sun, 14 Dec 2025FM Alekhine Nouri tops Kamatyas chessfest
By Marlon Bernardino, Sun, 14 Dec 2025Dante Kirkman Dominates DePriest Johnson in Unanimous Victory at Fight Club OC
Sun, 14 Dec 2025Bantam and Intermediate Divisions Crowned on Day Five of 2025 USA Boxing National Championships
Sun, 14 Dec 2025Murat Gassiev Brutally Knocks Out Kubrat Pulev in Dubai
By Dong Secuya, Sat, 13 Dec 2025United States Air Force Paralegals: Law, Order, and Excellence
By Emmanuel Rivera, RRT, Sat, 13 Dec 2025OFFICIAL WEIGHTS AND RUNNING ORDER FOR PACHECO VS SADJO IN STOCKTON
Sat, 13 Dec 2025